Report File
Date Issued
Submitting OIG
U.S. Development Finance Corporation OIG
Other Participating OIGs
U.S. Development Finance Corporation OIG
Agencies Reviewed/Investigated
U.S. International Development Finance Corporation
Report Number
DFC-22-002-C
Report Description
The Charge Card Act requires the OIG to conduct periodic reviews of DFC’s charge card program for illegal, improper, or erroneous transactions to prevent fraud, delinquency, or misuse.Our objectives were to (1) determine the level of risk of illegal, improper, or erroneous purchases and payments; (2) determine the scope, frequency, and number of audits or reviews to be conducted on the basis of a risk assessment; and (3) address the requirements of the Charge Card Act, OMB, and General Services Administration (GSA) requirements and standards. This was our first audit of DFC’s compliance with the Charge Card Act.
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
4
Questioned Costs
$753,087
Funds for Better Use
$0
